Afrigather A couple of days in the past, the Lagos State Governor, Mr. Babajide Sanwo-Olu, directed Lagos State Actual Property Regulatory Authority-LASRERA to analyze a viral video clip made by one Mr Kayode Oladipo about 20 plots of lands he supposedly purchased in 2017 from a Property Firm, RevolutionPlus with none bodily allocation of the mentioned plots.
Following the Governor’s directive, the Lagos State Commissioner for Housing, Hon. Moruf Akinderu-Fatai, Particular Adviser to Lagos State Governor on Housing, Barr.Barakat Odunuga-Bakare and Everlasting Secretary, Lagos State Ministry of Housing, Engr. Gbolahan Toriola, on Friday, invited the Administration of RevolutionPlus Restricted which was led by the corporate’s Chief Govt Officer/Managing Director, Dr.Bamidele Onalaja, for fact-finding.
The data gathering course of by the highest authorities officers, in accordance with the Commissioner for Housing will assist discover lasting options to frequent reviews of fraudulent practices within the State’s actual Sector and thus shield the curiosity of traders and investees within the Actual Property enterprise transactions in Lagos State.
Particular Adviser to Lagos State Governor on Housing, Barr.Barakat Odunuga-Bakare recalled that earlier than the viral video made by Mr. Kayode Oladipo, there had been some issues raised by members of the general public in regards to the conduct of RevolutionPlus Property Restricted to a few of its subscribers.
The members of the investigation group reiterated the resolve of the State authorities to analyze the allegation in opposition to RevolutionPlus Restricted consistent with LASRERA Legislation 2022.
In accordance with them, LASRERA Legislation 2022 empowers the company to analyze petitions and complaints from members of the general public to guard and promote sanity in addition to increase additional traders’ confidence each at house and overseas investments for the sector in Lagos State.
The CEO/MD of the true property firm, Dr.Bamidele Onalaja, affirmed that Mr. Kayode Oladipo (complainant) subscribed for 20 (Twenty) plots of land from RevolutionPlus Property Restricted at Dallas Court docket, Lekki and Royalty Gardens, Ajah, in Lagos State.
Dr. Onalaja defined that 2 (two) out of the unique 20 plots have been absolutely paid for by the consumer, whereas the mandatory documentation has been accomplished and handed over to him.
He added that the remaining 18 (eighteen) plots of these land haven’t been absolutely paid by Mr. Kayode Oladipo as he flouted the fee settlement on the contract.
He mentioned that property NOT absolutely paid for with its related prices is not going to be processed based mostly on contract situations as a result of, in case of non-compliance, the corporate coverage requires the relocation of such subscriber to a different website upon completion of fee or refund of the deposited sum much less 40%( forty per cent).
He famous that having defaulted in his fee sample, RevolutionPlus Property Restricted relocated him to a different land website at Amazon Property, Epe, which he declined whereas the choice of refunding the sum superior was additionally rejected by Mr Kayode Oladipo, the complainant.
Onalaja mentioned that the corporate has finalized the allocation of 5 (5) plots to Mr. Kayode Oladipo at Amazon Property based mostly on the fee made with crucial paperwork forwarded to him.
The CEO of RevolutionPlus Property Restricted additionally added that Mr Kayode Oladipo didn’t make a fee of N40,000,000.00 (Forty Million to the corporate as claimed within the viral video, urging members of the general public to ignore his claims as unfaithful and deceptive.
Nevertheless, in the middle of the committee’s investigation, Mr Kayode Oladipo who was contacted on the cellphone, maintained that he paid the deposit sum of N18,606,000.00 (Eighteen Million, Six Hundred and Six Thousand Naira to RevolutionPlus Property Restricted in 2017.
He mentioned that alongside the road, he misplaced his job and couldn’t proceed with the fee as he initially agreed.
He confirmed that he declined the choice of relocation to Amazon Property, Epe in Lagos State, and desires the State Authorities to compel RevolutionPlus Property Restricted to allocate his subscribed plots of land to him.
The Investigation Committee defined to Mr. Kayode Oladipo that having defaulted in his fee association, the true property firm has the proper to supply the choice of relocation to a different website equal to cash paid or the choice of a refund of the quantity paid much less 40% as stipulated within the agreed contract of gross sales by each events.
It must be famous that after the deliberations by the investigation group, Mr Kayode Oladipo (Complainant) has agreed to simply accept the allocation of (5) plots of land at Amazon Property, Epe of Lagos State which is equal to the current worth of his fee.
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